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>> susie: a big triple-digit rally on wall street, thanks to big profits from corporate america and a breathrough in those debt talks in washington. >> tom: then, after the closing bell, apple is top banana in the company reports staggering earnings as consumers buy a record 20 million iphones. it's "nightly business report" for tuesday, july 19. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> tom: good evening and thanks for joining us. a banner day for blue chips. the dow surged more than 200 points, its best one-day performance this year. at the close, the dow added 202 points, the nasdaq rose 61 and the s&p 500 up 21 points. then after the bell, susie, apple did it again, posting stunning earnings. >> susie: tom, we're running out of adjectives to describe the amazing growth at apple. it earned $7.79 a share in its fiscal third quarter, crushing estimates by almost $2. revenues also came in better than expected, up 82% to $28.5 billion. and that growth comes as consumers keep s
on mcconnell's compromise plan as early as this week. that would mean republicans get big spending cuts in exchange for zero tax increases. the president vowed that that wouldn't happen. tonight let's be an honest broker and make sure he keeps his word. >> i do not see a path to a deal if they don't budge, period. >> president obama drew a line on taxes last week. republicans are running out the clock, and it looks like the president is caving. senator sheldon whitehouse is here. one of the key figures in the news corporate fox hacking scandal is found dead, and there's more trouble in the united states for rupert murdoch. filmmaker robert greenwall on the latest. in psycho talk tonight. >> yes, they have the right to do that. that's not discriminating based upon religion against their particular religion. >> republican presidential hopeful herman cain has a warped understanding of the constitution. more anti-islam remarks from the godfather's pizza man. tonight, he's attacking another candidate on his religion. remember last week everybody was saying, well, the president is in such a g
," washington. >> tom: if richard cordray is confirmed, part of his job will be checking the books of big banks. we'll get a better idea of how they're doing in the coming days when many report quarterly earnings. by the end of this week, 40% of financial firms in the s&p 500 will have reported their numbers. as a group, the results are expected to be downright awful. erika miller reports. >> reporter: banks are the heartbeat of the economy, so their health is often used as a barometer of the recovery-- and the stock market. unfortunately for investors, bank analyst jim sinegal sees plenty of uncertainties ahead. >> in addition to macroeconomic uncertainties, with unemployment high, with g.d.p. growth slow, will the banks be able to add new loans? that's number one. number two is the regulatory uncertainty. we are still not sure where capital levels are going to fall out, and how that's going to affect profitability. >> reporter: as for profitability, diversified financials are expected to be the worst performer this earnings season-- down 94%. this is the group that includes bank of america, j
. i immediately figured out what it was. >> these fish are a big nuisance because they have no natural predators and could hurt the population of the native fish. this is south of the south river which pours into the bai. dnr officials are so concerned about the snake head spreading that they have put a bounty on the fish. from now until the end of the year if you catch one and report it to the dnr, you could win a prize or two. >>> weather wise it's been interesting. we've had showers and storms, one moving into emmetsberg weakening right where it meets up with carroll county and hagerstown, a more significant storm. you're traveling well west. you may run into that one. other than that showerings -- showers and probably rain in that direction also in southern anne arundel towards deal, south of shadyside. one renegade storm. the story has been heat, humidity north of 100 in frederic, d.c., still scattered storms. we'll talk about the excessive heat. that's coming up. >>> let's take a look at tonight's top stories. a baltimore city police officer faces federal drug charges tonight. of
questions. you can e-mail them to us at hi parents, it's going to be such a big school year. your kids will each take care of our class hamsters, lewis & clark. then i'll tell them the story of pluto, the sad little planet that was. i'll introduce them to some new friends, the fractions, and some cold blooded ones, the dinosaurs. [sfx: dinosaur growl] clark! anyway, here's what they'll need: markers, scissors, crayons, pencils, folders, juice boxes, pretzel sticks, glue sticks, tape that sticks, and glitter. so much glitter. school takes a lot. target has it all. your home and auto policies and save. don't worry, tiny people. flo is a gentle giant. bundle home and auto at >> the space shuttle atlantis is on its way back to earth, the last space shuttle to leave the international space station. atlantis is scheduled to land at kennedy space center in florida on thursday. the finger-pointing continues in washington. we are exactly two weeks away from the day the obama administration says america will not be able to pay its bills. but they are no closer to a de
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bieber. oh, my god! >> what would you do if justin bieber crashed your wedding, the big day, without an invite. the couple with the wedding video everybody is talking about join us here on "gma." >>> good morning, everyone. george is enjoying a little break with the family and our family member, david muir, is back with us. >> crashing your party. >> justin bieber, david muir, the same thing. >> it's not quite the same thing. >> it is. >> nonetheless. >> how about this extreme weather? >> really something, these pictures coming in. >> from phoenix blowing in last night going through right there. that dust storm, and then these temperatures all -- the majority of the country feeling it, david. >> smoke alarms going off because of the heat. then alarms going off here, these are different kinds as team usa is in the house. look at them just arriving moments ago. what a homecoming. >> we're going to really celebrate with them coming up. love to see them here in times square on our home turf. >> huge crowd for them there this morning. >>> we'll begin with the high-stakes drama unfolding a
, they will be arguing for his power to be curbs. there is a big discussion. in the u.s., and they are investigating. tomorrow and the next days and weeks are going to be fascinating in that respect. >> as always, we thank you very much. on to libya now, where rebels have claimed victory in the battle for a strategic town. there are conflicting reports about whether or not they have complete control of the town which has been held since gaddafi -- by gaddafi since march. most of the gaddafi forces are said to be retreating west. rebels say 12 fighters were killed and hundreds wounded. the capture would mark a major rebel breakthrough in their bid to push westward. the foreign ministers of europe have been meeting in brussels to discuss the situation in syria. they are considering a series of measures to resolve the standoff between the president and his opponent. in syria itself, anti-government protests are continuing, and activists are warning of potential civil war in the country. >> syria was top of the agenda in brussels today. eu foreign ministers pressured the president assad to reform or ste
afternoon, hid their bodies in the bedroom, and then had a big party saturday night after posting invitations on facebook. hadley is charged with two counts of first degree murder. >>> after the battle over raising the debt limit. today the house is scheduled to take a largely symbolic vote on a republican-backed measure that has virtually no chance of passing in the senate. a just-released cbs news poll finds 48% disapprove of how the president is handling the negotiations. congress fares even worse, 58% disapprove of how democrats are handling it, and 71% disapprove of what republicans are doing. tara mergener is in washington with more on this. good morning, tara. >> good morning, betty. no question, there is a lot of pressure all the way around here. and options are getting fewer and fewer, as the deadline looms. house republicans are on track to pass a plan that would raise the debt limit, for a price. >> we can no longer borrow 40 cents out of every dollar in this country. that's why we must pass cut cap and balance. >> reporter: the tea party backed proposal would let the g
for their artistic seven-year-old, and they say he has made big improvements in class. >> it takes a minute to figure out, and now they are doing it in a matter of seconds. >> they are looking to find new educational applications for other students, and they hope others will donate applications to help them. and use a larger for when you are dining out. a new study from the university of utah found that when customers were given a larger portions, they 8 less food overall. -- they ate less food. having a large forked -- fork provides a clue. doctors from john hopkins and cedars sinai says that the surgeons behavior in the operating room sets the tone for the surgery. those who scored higher in civility had your post operative death and complications. and some say they try to avoid difficult doctors, even if they have a question about medication orders. >> now, your 11 insta-weather forecast. >> well, it certainly feels tropical out there this afternoon. the dewpoint climbed into the 70's, and in there, there have been some thunderstorms. like i said at the top of the show, some reports of heavy rain
but only after a big budget cuts, a spending cap, and the adoption of a balanced budget amendment. president obama says that he will veto that bill. >>> the loudoun county board of supervisors today is expected to vote on a plan that could lower the costs of the dulles rail project. the proposal by the u.s. transportation secretary would require the airports authority to reverse its decision and support an above-ground station. it would also require loudoun and fairfax counties to assume millions of dollars in those costs. >>> 5:05 on this tuesday. the guardian angels are taking action. >> today they will be along the metropolitan branch trail beginning today. this comes after a robbery since may. the group will join stepped up police trails in that area. critics stepped up police patrols. the you see someone suspicious, keep your distance and then contact police. >>> 7 is on your side with confirmation of a new type of crash avoidance system to reduce low speed rear end crashes. the highway loss data institute released a new study that looked at 2010 volvo's outfitted with a cras
place over here in the uk. this is one division that has the big question mark over it, the publishing division, $997 million in 2010, 22% of operating income for the company. we have "the wall street journal" front cover, they purchased that for $5 billion. you have $200 million coming from the uk. not a game changer but whether this spills over into the other businesses that rupert murdoch owns. the next division, u.s. broadcast networks, they have about 37% penetration into u.s. house holds, this represents 9% of the bottom line, $409 million they have, tv stations scattered throughout the united states, again, does it spill over because of reputation? right now analysts we spoke to on wall street say not just yet, last division here, sky italia here, scott mockridge, it represents 4% of the operation, not a game changer but feeds in. bskyb would have brought in 15% of earnings per share in 2012 if the deal would have gone through, been held off for 12 to 18 months and it may not happen at all. you take a step back from all the numbers i hoad you, $636 million loss, about 14% of the
the accident happened. >>> still to come at 6:00, big news out of silicon valley. >> a big layoff from the valley and a boost for the east bay coming up after the break in the tech and business report. >>> and it's your chance to be a seismologist. how you can help spot earthquakes from your own home. that's next. >>> the bay area is known as home of innovation and change but may lose our hold on the green industry. we'll explain. >> i'm chief meteorologist jeff ranieri. one of the warmest days we've ved in or a week here across the bay area with low to mid 70s there in the south bay and even a few 80s today. tonight plenty of cinl weather down in the south bay a coming up, we'll talk about a seven-day forecast that's heating up. >>> the next big one is something we're all aware could happen at any time. you may be sitting on the key as to when it could hit. >> reporter: stanford seismologists and scientists say that the more monitoring we have in the bay area, the more we'll learn about earthquakes and better chance of us getting an early warning even if just few a few seconds which i
not want to use a file to investigate it. >> how big a day is this today? >> it is a big day for parliament to make sure they can answer the questions. powerand get subpoena back in the committees. >> all things were joining us. -- thanks for joining us. [unintelligible] these pictures have come in the last hour or so. a public-relations company has been brought into news corp. is helping murdock prepare for this. it seems to have changed their approach. from rupert murdoch said there were only minor problems and told this to american news -- newspapers. but in britain, he apologized to the british public for the hacking scandal. the real question is what will be amended in a select committee today on questions on whether or not there was a cover-up. this has shaken many of the foundations of the british political scale. >> four decades, -- for decades, rupert murdoch has towered over britain's. but what will remain of him? has this shifted the balance between politicians and media in britain? >> the relationship became too close. we all want the support of newspaper groups and broadcasting
coming with afternoon thunderstorms. that big complex, that cluster is p droidropping south of pitt. pretty good lightning and rain coming from morgantown, west virginia. right now best chance is around noon or 5:00 to 7:00 p.m. today to get these thunderstorms. could get a little hail too. 79 in leesburg, loudoun county. 73 degrees in gaithersburg. st. mary's, maryland, 79 degrees. by 9:00 a.m. pushing into the mid to upper 80s. danella? >>> we have breaking news in silver spring, montgomery county. a serious crash between a police cruiser and another car. everyone involved is expected to be okay. a large stretch of colesville road is closed right now as police conduct an investigation. news 4's megan mcgrath is live on the scene with the latest. >> reporter: colesville road a major commuter route closed in both directions. it could be another hour or two before it reopens. all because of a crash that opened early this morning. that crash involving a montgomery county police cruiser and another sedan. you can see where the cars ended up. the police cruiser very, very banged up in t
get our attention in a big hurry and we're going watch it. >> thank you. >>> the hacking scandal in the uk taking a dramatic turn. >>> and the new bomb shell dropped by an expert who testified at the casey anthony trial. >>> and pretty safe to say that this won't be the photo making the weeing bum. why a bride got busted on her big day. we'll be right back.  >> high drama inbrate ape as news corp chairman rupert murdoch, his son janes and former news of the world editor rebekah brookes testified about the phone hacking scandal that gripped the country for weeks now and shawn yancy has more on today's proceedings. >> reporter: when rupert murdoch addressed lawmakers, he seemed confused and flustered. the moments in the proceedings, a protestor interrupted the hearing and take a look. >> oh. >> a man tried to throw a foam pie into his face. wendy, the wife in the jacket quickly tried to s.w.a.t. it away. the police arrested the man. the hearing continued 10 minutes later, he continued the testimony saying while he's the ceo of the company that hacks phones, he's not res
, and a small room inside that parliament building just big enough for about 40 or so spectators, but there will be overflow rooms with lots of television screens. this is must-see tv today for all of britain and elsewhere. as one politician here put it, the three musketeers of the murdoch media empire and that phone hacking scandal will appear later today. now, they'll be grilled by ten members of a select committee on culture, sport and media. it doesn't sound very threatening. these hearings will only last for an hour. for rupert and his son james murdoch and another hour for rebekah brooks, who was the chief executive of murdoch's british holdings until she resigned last week. for the second hour. now, members of parliament will try to get the murdochs and brooks to commit themselves to say things on record that could be used against them later. what brooks and the murdochs, on the other hand, will do, is to be contrite. that's the new buzz word, apologize, apologize, apologize. there are biographers and media experts saying this could only hurt them today, this hearing will
hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. >>> here's how citigroup describes it. asking what the u.s. economy might look like after a possible u.s. treasury default is akin to asking what will you do after you commit suicide. here's how the treasury secretary put it in a meeting with democrats. if this country defaults on its obligations, it will be much worse than the great depression. it will make the massive financial crisis of 2008 look mild. it will make what we just went through look like a quaint little crisis. when moody's said
's what happened here today. they say the kids were marching under this tree when that limb, that very big and heavy limb without notice without warning came tumbling down on top of them. >> one minute everything's fine and the next a tree just comes tom blung down. it was the people's church vacation bible camp. 25 kids of all different ages. >> we have serious injuries. two older people had pretty significant injuries we would say, priority one. they were taken to local trauma centers, and the three kids, several other kids were evaluated. they have some fairly serious injuries, nonlife threatening. >> everybody's supposed to be okay. the people's church vacation bible camp, every day they do something different. tomorrow they're supposed to go roller skating. i'm pat collins, news 4 washington. >> the fbi arrested a man from fairfax today and accused him of being on the payroll of the pakistani spy service. he's an american citizen, he's the executive director of the kashmiri american council. he's not charged with espionage. authorities say he made thousands of dollars in political con
known and they talk about it a lot in the market, and is it getting big r bigger. >> the last time we heard about it is when he bought the "wall street journal," and they said that buying into the troubled newspaper sector is a bad idea and now newspapers like "news of the world" are shuttered and parts of the business and analysts love fox news and fox network and bskyb who he wants to own the rest of it which is off of the table now because of to scandal, but if they can concentrate on the high performing assets, they are okay in the long run. news corp is not going to allow the company to be hurt in the long run, but the newspaper division, clearly wounded. >> and they could have problems going forward, because yahoo!'s daniel gross did an interesting column on this and he said that the hit to the credibility will create a different freedom for working there and harder for places that the murdoch companies own to hire good journlgists, because to get them to come over after this is that you will have to pay them extra, and more to sort of deal with the reputational problems of the
. floor ads are big business across this country because -- come on, if you're a company who sells stuff? supermarkets, wouldn't you want a big, shiny floor ad like this one? a couple of years ago, a floor ad mysteriously started losing top clients. they didn't because people didn't want floor ads anymore. come on, they started losing clients because a rival company in the industry was starting to lose their clients. floor graphics was a small firm in new jersey, but a big players entered the arena, a big player with a bigger corporate parent, a company you may have heard of, news corp. news corp. had a u.s.-based company called news america marketing that was already involved in the supermarket advertising business but really wanted in on the awesome floor ads. the only problem was this small new jersey company, floor graphics, was dominating the market. you say problem, news corp. says opportunity. news corp. set its sights on taking this little company down. they had the right guy to do it, according to a fortune magazine profile, crushes a rival's skull with a baseball bat. who bette
republican presidential candidates have money problems. >> and big money, big problems? >> gop fund-raisers staying on the sidelines. >> for mitt romney it's 70% maxed out contributions. >> is newt aware he's running for president? >> the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> abandon ship. in the last 24 hours there have been two high level resignations. zo london's top cop. >> rebekah brooks was released on jail. >> rupert murdoch is supposed to face the scandal head on tomorrow. >> all eyes are trained on parliament tomorrow. >> they're cutting short a trip today to south africa. >> when is he going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday david rogers of politico discovered and reported that house speaker john boehner and
this thing? this big cut, cap and balance has nothing in it. i had a hunch it wouldn't be in there. i did something that nobody is doing in your house, in the republican side, reading it. there are no cuts here. where are the cuts? >> senator coburj introduced a plan -- >> it's not the coburn plan. it's the bumper sticker. >> the house has a plan. >> why do you keep saying this? >> chris, chris -- >> have you read it? >> no, i haven't read it. >> how do you know there's something in there -- i'm reading it right now and -- >> at least you're holding on to something. this is the president's plan. it's vapor, there is no plan, because there's no leadership. >> todd, the president's plan outlines $4 trillion in cuts over the -- >> there is no plan. >> that was a hostage video, and he is being held hostage by the tea party republicans. >>> let's go to the outlet pass as they say in football. president clinton has weighed in. he writes, quote, clinton says he would invoke the so-called constitutional option to raise the nation's debt ceiling, quote, without hesitation and force the courts to s
have lots of space to get hydrated and also areas to get cooled off in. the big heat will move east, which we also have to talk about thunderstorms and would you know there's even a tropical storm. so lots more coming up in weather. we'll focus on this storm in a little while. >>> a warning from pepco tonight to conserve energy in this heatwave. the company says extreme heat can put a lot of stress on electrical equipment, but they say the power supply should be able to meet the high demand. their advice, set your thermostat at 78 and use an electric fan. turn off all nonessential appliances and postpone the use of high energy appliances like electric stoves, washers and driers and dishwashers until the evening hours. you can track the scorching temperatures on we've got an entire page dedicated to the heat from tips on conserving energy while staying cool to advice on keeping your car running in the heat. it's all there in one place. >>> a heart stopping close encounter caught on camera. fox 5's bob barnard is here to show us and explain what happened. >> what you'
's an empty piece of paper and you're bragging about this thing? this big cut cap and balance has nothing in it, and i was amazed. i had a hunch it wouldn't be there. got copy of it. actually did something nobody dmog your house, in the republican side, reading it. there are no cuts here. where are the cuts? it doesn't say anything. go ahead. >> senator coburn introduced a plan that was extraordinarily detailed. >> it's not coburn plan, todd. >> it's the bumper sticker being voted on. >> the house has plan. coburn has a plan. >> have you read this, todd? have you read this? have you read it? >> no, i haven't read it. >> how do you know you're saying there's something in here and i'm reading it. >> at least you're holding on to something. this is the president's plan. right here. this is it. nothing. it's vapor. there is no plan, because there's no leadership. period. >> the president's plan outlines $4 trillion in cuts. >> there is no plan. >> to the speaker's credit, she being held hostage by tea party republicans. >> let's go to the outlet as they say in football. the outlet pass. forme
tennessee. can they sell it to the house republicans? >> that's a big question. i think what we saw today both from president obama and someone like lamar alexander is this isolation that going on of the house republicans, saying, look, the gang of six got a deal, that's why president obama went out this to say it. mitch mcconnell's got a backup plan. john boehner and i were kind of working together and, well, who's out of that picture? the house republicans. and the polls are increasingly showing that the house republican point of view is not popular with the american public. i mean, there's a "washington post" out -- poll out tonight that says that more than three-quarters of americans see the republican leadership as being too resistant. >> however, however, let's listen as we go back to kate bolduan on the hill, the democrats are reading the polls. the democratic leadership going to the floor essentially saying, republicans, why are you wasting our time? >> the public has had it with this theater of the absurd that's going on. they want congress to come together as our president has s
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the cliff thelma and louise style but 43% of independents say what's the big deal? >> what's the pugh research? they only talk to 764 people. >> they did it all yesterday afternoon. >> by the way, we have a panel of independent voters coming up to see how they're feeling about the debt ceiling debate because obviously, they are the coveted group. >> that panel, 765. >> all right. >> a little bit bigger. >> we go to a panel of one. steve winn is the ceo of winn resorts. they have those casinos and stuff like that in vegas. he was on a conference call with investors and investment banks yesterday and he really let the president of the united states have it. we've got some quotes from the conference call. he says, here you go. "i'm saying it bluntly, that this administration is the greatest wet blanket to business and progress and job creation in my lifetime. and i can prove it and i can spend the next three hours giving you examples of all of us in this marketplace that are frightened to death about all the new regulations, our health care costs escalate, regulations coming from left
. >> the orioles and bring out the big bats, but so did the red sox. keith mills has highlights. >> don't forget to e-mail us your response to our water cooler question of the day. do you think baltimore city should repeal its newly adopted bottle tax? you can share your response at and on our facebook page, or send us an e-mail to >> here is a look at last night's winning maryland lottery numbers. good luck. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. so far so good. not dealing with any new incidents. a nice ride on the west side coming down from 795. on 795 from owings mills, no delays to report there. problem-free ride i-95 from the northeast. so far so good on the north side. this is belair road. this is inner loop traffic towards 95. no delays to report there. 95 coming out of 152, mountain road, harford county, a smooth ride. not even a side of a haboob. that is the latest on traffic pulse 11. >> look what i started. we need a counter about how many times we say "haboob." as w
Search Results 0 to 49 of about 176 (some duplicates have been removed)